Anthropic’s quarterly revenue rises nearly 50% to $16.8 billion ahead of IPO
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Anthropic told investors that revenue climbed from about $4.8 billion in the first quarter of 2026 to $11.5 billion in the second and $16.8 billion in the third. Rival laboratories’ model distillation generated 5–7% of revenue before Anthropic materially restricted the practice in Q3.
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